What was the northern states wealth based on?
Date created: Sat, Mar 27, 2021 11:38 PM
Date created: Mon, Mar 29, 2021 10:33 PM
What was wealth based on in the Northern US states? The money and goods a person owned.
Date created: Wed, Mar 31, 2021 4:04 PM
State or territory 2018 2017 2016 2015 2014; 1 Washington, D.C. $85,203: $82,372: $75,506: $75,628: $71,648 2 Maryland: $83,242: $80,776: $78,945: $75,847: $73,971 3 New Jersey: $81,740: $80,088: $76,126: $72,222: $71,919 4 Hawaii: $80,212: $77,765: $74,511: $73,486: $69,592 5 Massachusetts: $79,835: $77,385: $75,297: $70,628: $69,160 6 Connecticut: $76,348: $74,168: $73,433: $71,346: $70,048 7
Date created: Fri, Apr 2, 2021 8:45 AM
The industrialization of the northern states had an impact upon urbanization and immigration. By 1860, 26 percent of the Northern population lived in urban areas, led by the remarkable growth of cities such as Chicago, Cincinnati, Cleveland, and Detroit, with their farm-machinery, food-processing, machine-tool, and railroad equipment factories. Only about a tenth of the southern population lived in urban areas.
Date created: Sun, Apr 4, 2021 2:38 PM
Textile mills in theUS's northwest and markets abroad such as England provided wealththat benefited the entire US. When the US Civil War broke out, theSouthern "cotton" states lost a great deal of...
Date created: Wed, Apr 7, 2021 2:20 AM
The study, however, that gives the hammer blow to the idea that the antebellum South was poor, or even had wealth inequality greatly exceeding that of the North, is Lee Soltow’s Men and Wealth in the United States, 1850 – 1870. Basing his study primarily on “spin samples” of the 1850, 1860, and 1870 censuses, but also buttressed by the published census data, Soltow gives some startling statistics which confirm the wealth of the antebellum South.
Date created: Sat, Apr 10, 2021 2:20 AM
As cotton production increased, new wealth flowed to the cotton planters. These planters became the staunchest defenders of slavery, and as their wealth grew, they gained considerable political power. One member of the planter elite was Edward Lloyd V, who came from an established and wealthy family of Talbot County, Maryland.
Date created: Sat, Apr 10, 2021 9:10 PM
The economy of Norway is a highly developed mixed economy with state-ownership in strategic areas. Although sensitive to global business cycles, the economy of Norway has shown robust growth since the start of the industrial era. The country has a very high standard of living compared with other European countries, and a strongly integrated welfare system. Norway's modern manufacturing and welfare system rely on a financial reserve produced by exploitation of natural resources, particularly Nort
Date created: Tue, Apr 13, 2021 8:21 PM
The formation of distinct classes, especially in the rapidly industrializing North, was one of the most striking developments. The unequal distribution of newly created wealth spurred new divisions along class lines. Each class had its own specific culture and views on the issue of slavery.
Date created: Thu, Apr 15, 2021 9:40 AM
By 1840, the South grew 60 percent of the world's cotton and provided some 70 percent of the cotton consumed by the British textile industry. Thus slavery paid for a substantial share of the capital, iron, and manufactured goods that laid the basis for American economic growth.
Date created: Sat, Apr 17, 2021 10:22 AM
Slavery had been a source of riches on the sugar plantations of the Caribbean Islands, but almost no part of the United States at the time could grow sugar. The real money awaited the arrival of cotton, which was still unforeseen as of 1787. That’s right: On the day the United States adopted its Constitution, the country grew no cotton.
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The wealthiest 1% of Americans controlled about $41.52 trillion in the first quarter, according to Federal Reserve data released Monday. Yet the bottom 50% of Americans only controlled about $2.62...
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